523 BELVEDERE CLEARWATER Road, North Augusta, SC 29841 (MLS# 529442)

523 BELVEDERE CLEARWATER Road, North Augusta, SC 29841

$725,000
Property Type: Commercial Sale Square Footage: 7,450 Lot Size (sq. ft.): 46,696 Status: Closed
Current Price: $725,000 List Date: 5/22/2024 Last Modified: 12/29/2024

Description

Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner. There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. The property includes a parking lot with ample parking and lighting, as well as significant signage opportunities to enhance visibility. Situated between two main roads (Hwy 25 and I-520) and close to North Augusta and the Highland Springs development, this strip center is well-positioned for increased rental income and long-term appreciation in the thriving Central Savannah River Area (CSRA). Parcel ID's: 012-06-12-005 012-06-12-006 012-06-12-007 012-06-12-008 012-06-12-009

More Information MLS# 529442

Contract Info

Triple Net Y/N: No Tenancy: Multiple Property Sub Type: Office Sold Price: $725,000 List Date: 2024-05-22 Status: Closed Current Price: $725,000 Original List Price: 785000

Location, Tax & Legal

Parcel Number: 0120612009 Street #: 523 Street Name: BELVEDERE CLEARWATER Street Suffix: Road County: Aiken State: SC Zip Code: 29841 MLS Area Major/Quadrant: Aiken (1AI) Subdivision Name: None-1ai

General Property Info

Lot Size Acres: 1.072 Zoning: UD Lot Size Dimensions: 231' x 193' Total SqFt: 7450 Living Area Source: Public Records # Retail SqFt: 7450 List Price/Acres: 733644.86 List Price/SqFt: 105.37 Year Built: 1973

Remarks & Misc

Directions: This value-ad strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. This property has easy and convenient access for customers and tenants as it is just minutes from downtown North Augusta, a 10-minute drive to downtown Augusta, GA, and 20 mins to Aiken, SC. Public Remarks: Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner. There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. The property includes a parking lot with ample parking and lighting, as well as significant signage opportunities to enhance visibility. Situated between two main roads (Hwy 25 and I-520) and close to North Augusta and the Highland Springs development, this strip center is well-positioned for increased rental income and long-term appreciation in the thriving Central Savannah River Area (CSRA). Parcel ID's: 012-06-12-005 012-06-12-006 012-06-12-007 012-06-12-008 012-06-12-009

Status Change Info

Sold Price/ Acres: 677570.09 Sold Price/SqFt: 97.32 Pending Date: 2024-09-24 Sold Price: $725,000 Closed Date: 2024-11-21

Current Use

Commercial: 1 Office: 1 Retail: 1

Business Type

Professional/Office: 1 Retail: 1 Strip Center: 1

Possible Use

Commercial: 1 Office: 1 Retail: 1

Structure Type

Retail: 1 Office: 1

Parking Features

Parking Lot: 1 Paved: 1

Utilities

Electricity Connected: 1 Sewer Connected: 1 Underground Utilities: 1 Water Connected: 1

Water Source

Public: 1

Improvements

Curbs: 1

Sewer

Public Sewer: 1

Exterior Features

Lighting: 1

Lot Features

Corner Lot: 1 Level: 1 Rectangular Lot: 1

Road Frontage Type

State Road: 1

Road Surface Type

Asphalt: 1 Paved: 1

Restrictions

Right of Way: 1 Underground Utilities: 1

Land Options

Included: 1

Possession

Close Of Escrow: 1

Showing Requirements

Call Listing Agent: 1 Restricted Hours: 1

Listing Terms

Cash: 1 Conventional: 1

Property Features

Business Type: Professional/Office; Retail; Strip Center Current Use: Commercial; Office; Retail Possible Use: Commercial; Office; Retail Structure Type: Retail; Office Parking Features: Parking Lot; Paved Utilities: Electricity Connected; Sewer Connected; Underground Utilities; Water Connected Improvements: Curbs Exterior Features: Lighting Lot Features: Corner Lot; Level; Rectangular Lot Water Source: Public Sewer: Public Sewer Road Frontage Type: State Road Road Surface Type: Asphalt; Paved Restrictions: Right of Way; Underground Utilities Land Options: Included Possession: Close Of Escrow Showing Requirements: Call Listing Agent; Restricted Hours Listing Terms: Cash; Conventional
Listing Office: Meybohm Commercial Properties
Listing Agent: Danielle Meikrantz
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.